Reasons to be positive on European equities

Region's equities are providing route to emerging market growth

Against a broader backdrop of some deeply entrenched pessimism about Europe's economic prospects and place in a changing world, there are several reasons to be positive about European equities.

Not least among these is the fact that over half of the revenues of companies listed in the European equity market are derived from outside of Europe - far above the 30% for US equity market.  For European companies, faster-growing emerging market economies contribute almost as much to their total sales as European economies - with the growth rate from the former much greater than the US and Europe. The 'positive signals' to be found in Europe With the share of emerging market-driven revenues growing relative to the total, European equities are providing investors a route into e...